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Back Technical analysis
EUR/USD Forecast on January 29, 2026
On Wednesday, the EUR/USD pair rebounded
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On Wednesday, the EUR/USD pair rebounded from the 200.0% corrective level at 1.2031, reversed in favor of the U.S. dollar, and fell by 120 points. This was followed by a close above the 161.8% Fibonacci level at 1.1945, which allows for expectations of a return to the 1.2031 level. A new consolidation below 1.1945 would once again work in favor of the U.S. dollar and lead to a moderate decline toward the 127.2% corrective level at 1.1867. The wave
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Samir Klishi,
Analytical expert of InstaForex
© 2007-2026
Summary
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Grigory Sokolov
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